Total US Equity Index Fund

Release Date: 12-31-2022

Total US Equity Index Fund

..........................................................................................................................................................................................................................................................................................................................................

Benchmark

Morningstar Category

Total US Equity Index Custom

Large Blend

Benchmark

Investment Objective & Strategy

This Fund seeks to track the performance of a benchmark index that measures the investment return of the overall stock market.

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index, which represents approximately 100% of the investable U.S. stock market and includes large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange and Nasdaq. It invests by sampling the index, meaning that it holds a broadly diversified collection of securities, that, in the aggregate, approximates the full index in terms of key characteristics.

Fees and Expenses as of 12-31-22

Total Operating Expense

Operations and Management

Fund Inception Date

06-01-14

Investment Advisor(s) Issuer

. See Disclosure

0.02%

Volatility Analysis

Low

Moderate

Investment High

Category

In the past, this investment has shown a relatively moderate range of price fluctuations relative to other investments. This investment may experience larger or smaller price declines or price increases depending on market conditions. Some of this risk may be offset by owning other investments with different portfolio makeups or investment strategies.

Best 3 Month Return

26.66% (Mar '09 - May '09)

Worst 3 Month Return

-31.29% (Sep '08 - Nov '08)

Notes The benchmark for the Total US Equity Index is a customized benchmark that represents performance for the Dow Jones U.S. Total Stock Market Index from inception to 04/30/2018 and the CRSP U.S. Total Market Index thereafter. The Expense Ratio will fluctuate based on asset values and market conditions; any fees quoted herein are subject to change. This Fund includes an investment in the Vanguard Total Stock Market Index Trust. Please reference the disclosure page for additional fee information. The investment manager utilized by the Fund, as well as the manner in which the investment manager actually invests Fund assets, may change at any time without notice or approval by Plan participants.

Performance

YTD

-19.51 -19.49 -16.96

1 Year

-19.51 -19.49 -16.96

3 Year

7.00 6.99 6.88

5 Year

8.75 8.72 8.26

40 30 20 10 0 -10 -20 -30

10 Year

12.09 12.07 11.31

Since Inception

6.75 6.64 5.18

Total Return% as of 12-31-22

Investment Benchmark

Average annual, if greater than 1 year

Fund Return % Benchmark Return % Category Average %

The performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate; thus an investor's shares, when redeemed, may be worth more or lYeTsDs than theirYoTrDiginal cost. YCTuDrrent perforYmTDance may beYTloDwer or highYeTrDthan return data quoted herein.

Growth of $10,000 as of 12-31-22 50

Investment : $36,442

Benchmark: $36,370

40

30

20

10 K

0

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

12 - 22

Portfolio Analysis as of 12-31-22

Composition as of 12-31-22

U.S. Stocks Non-U.S. Stocks Bonds Cash Other

% Assets

99.0 1.0 0.0 0.0 0.0

Morningstar Style BoxTM as of 12-31-22

% Mkt Cap

Large Mid Small

.G..i.a..n..t.......................................4..1.....3..6.

Large

30.97

Medium

19.28

.S..m...a..l.l........................................6.....2..0.

Value Blend Growth

Micro

2.19

Top 10 Holdings as of 12-31-22

% Assets

Apple Inc

5.22

Microsoft Corp

4.75

Inc

1.94

Alphabet Inc Class A

1.40

.B..e.r.k..s..h.i.r.e...H..a..t.h..a..w..a..y...I.n.c...C..l.a..s.s...B........................................1....3.8.

UnitedHealth Group Inc

1.32

Johnson & Johnson

1.23

Alphabet Inc Class C

1.22

Exxon Mobil Corp

1.21

JPMorgan Chase & Co

1.05

.......................................................................................................

Total Number of Stock Holdings

3954

Total Number of Bond Holdings

0

Annual Turnover Ratio %

.

Morningstar Sectors as of 12-31-22

% Fund

h ........C..y..c..l.i.c.a..l.............................................................................2..9....8..6.

r Basic Materials

2.65

t Consumer Cyclical

9.77

y Financial Services

13.93

u Real Estate

3.51

j ........S..e..n..s..i.t.i.v..e...........................................................................4..4....4..1.

i Communication Services

6.71

o Energy

5.15

p Industrials

10.07

a Technology

22.48

k ........D..e..f.e..n...s.i.v..e..........................................................................2..5....7..4.

s Consumer Defensive

6.98

d Healthcare

15.69

f Utilities

3.07

Principal Risks as of 12-31-22 Credit and Counterparty, Long-Term Outlook and Projections, Loss of Money, Not FDIC Insured, Country or Region, Capitalization, Growth Investing, Index Correlation/Tracking Error, Issuer, Market/Market Volatility, Equity Securities, Futures, Restricted/Illiquid Securities, Warrants, U.S. Federal Tax Treatment, U.S. Government Obligations, Derivatives, Pricing, Fixed-Income Securities, Regulation/Government Intervention, Cash Drag, Suitability, Increase in Expenses, Shareholder Activity, Conflict of Interest, Early Close/Late Close/Trading Halt, Forwards, OTC, Passive Management, Swaps, Tax Risk, Zero-Coupon Bond, Small Cap, Mid-Cap, Large Cap, Replication Management, Sampling, Valuation Time

?2023 Morningstar, Inc., Morningstar Investment ProfilesTM 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at .

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Disclosure

The United Airlines Pilot Retirement Account Plan (the "Plan") is intended to be a participant-directed plan as described in Section 404(c) of the Employee Retirement Income Security Act of 1974 as amended. Therefore the fiduciaries of these plans are generally relieved of liability for any losses that are the result of any investment instructions given by a participant or a beneficiary of the Plan.

An investment's principal value and investment return will fluctuate, so that an investor's unit values may be worth more or less than at the time of the original investment. The Funds are not FDIC-insured, may lose value and are not guaranteed by a bank or other financial institution.

This information is not designed to offer investment advice. Although reliable sources are utilized to produce these reports, there is no guarantee that this data is accurate, timely, or complete. Historic performance is not an indication of future results and should not be relied upon to predict future investment returns.

Investment Issuer The Funds in the Plan consist of a combination of the below mutual fund(s) and collective investment trust(s) for which there are issuers, along with other separately managed account(s) for which there are appointed investment managers but no issuer(s). Several of the Funds have a 3% target allocation to the Fidelity US Government Money Market Fund for liquidity purposes. Additional details can be found in the Supplemental Information section.

Money Market Fund used for liquidity: Fidelity US Government Money Market, Fidelity Investments Inc.

Stable Value Fund: Stable Value Fund, Galliard Capital Management, Inc.

Diversified Bond Fund: PIMCO Total Return, Pacific Investment Management Company Loomis Sayles Multi Sector Full Discretion, Loomis, Sayles & Company, L.P. Wellington Core Bond, Wellington Management Company, LLP

Total Bond Index: Vanguard Total Bond Market Index, The Vanguard Group, Inc.

Large Cap Value Equity Fund: Westwood Large Cap Equity, Westwood Holdings Group, Inc. Pzena Large Cap Focused Value, Pzena Investment Management, Inc.

Total US Equity Index: Vanguard Institutional Total Stock Market Index Trust, The Vanguard Group, Inc.

Large Cap Growth Equity Fund: Sands Capital Management Select Growth Equity, Sands Capital Management, LLC T. Rowe Price Large Cap Growth, T. Rowe Price Group, Inc.

Small Cap Equity Fund:

Artisan Partners U.S. Small Cap Growth, Artisan Partners, L.P. LSV Small Cap Value Equity, LSV Asset Management Snyder Capital Management Small Cap Value, Snyder Capital Management, L.P. PENN Capital Management Micro Cap Equity, PENN Capital Management

Global Equity Fund: Dodge & Cox Global Stock, Dodge & Cox T. Rowe Price Instl Global Growth Equity, T. Rowe Price Group, Inc.

International Equity Fund: MFS Instl International Equity, MFS Investment Management Dodge & Cox International Stock, Dodge & Cox Dimensional Fund Advisors Intl. Small Company, Dimensional Fund Advisors, L.P. Schroder Inv Mgmt Emerging Markets, Schroder Investment Management Limited

International Equity Index: Vanguard Total International Stock Index, The Vanguard Group, Inc.

Real Asset Fund: PIMCO Diversified Real Asset Trust, Pacific Investment Management Company, LLC

Target Date Funds: Fidelity US Government Money Market, Fidelity Investments Stable Value Fund, Galliard Capital Management, Inc. PIMCO Total Return, Pacific Investment Management Company, LLC Loomis Sayles Multi-Sector Full Discretion, Loomis, Sayles & Company, L.P. Vanguard Total Stock Market Index, The Vanguard Group, Inc. Dodge & Cox Global Stock, Dodge & Cox T. Rowe Price Instl Global Growth Equity, T. Rowe Price Group, Inc. MFS Instl International Equity, MFS Investment Management Dodge & Cox International Stock, Dodge & Cox Dimensional Fund Advisors Intl Small Company, Dimensional Fund Advisors, L.P. Wellington Core Bond, Wellington Management Company, LLP Schroder Inv Mgmt Emerging Markets, Schroder Investment Management Limited PIMCO Real Return II, Pacific Investment Management Company PIMCO CommoditiesPLUS, Pacific Investment Management Company, LLC PIMCO Real EstatePLUS, Pacific Investment Management Company, LLC

Target Date Funds Manager The United Airlines Pilot Retirement Account Plan ("PRAP") Target Date Funds are managed by AllianceBernstein L.P. which is responsible for designing and implementing the asset allocation for the Funds. The Target Date Funds will collectively pay an annualized fee to AllianceBernstein L.P. of $400,000.

Investment Adviser Aon Hewitt Investment Consulting serves as an investment adviser to the Plan. The allocation directed to each underlying investment manager within each of the Funds in the Plan has been selected by the Investment Committee based on the recommendations and analysis provided by Aon Hewitt Investment Consulting. The individual Funds will be reviewed periodically and the Investment Committee will modify the allocations and/or underlying investment managers when deemed appropriate.

Collective Trust and Separate Account Vehicles Neither a collective trust fund nor a separate account are mutual funds and their respective units are not registered under the Securities Act of 1933 or the Investment Company Act of 1940.

In order to comply with the new United States Department of Labor Regulation 404(a), any fees listed below are reflective of each fund's ratio of investment management fees as well as the ratio of fees required for the fund to continue operations. The actual fees paid by participants may be lower than, or equal to, the fees listed depending on whether a fund has implemented any fee waivers during the applicable period.

Additionally, the funds may invest, either through separate accounts or collective trust, in instruments that are defined as commodities under the U.S. Commodity Exchange Act (CEA). These investments may include certain kinds of financial instruments and may be made for the purposes of seeking investment gains, replicating the returns of an index or for hedging. As a result, the Plan Sponsor may be deemed a "commodity pool operators" but has claimed an exemption from the definition of "commodity pool operator" under the CEA. As a result, it is not subject to registration or regulation as commodity pool operators under the CEA.

Cash Equitization Program Information To maintain broad market exposure for certain amounts maintained in money market funds to allow for the liquidity necessary for the daily operation of certain funds, State Street Bank and Trust Company has been appointed as trading advisor to purchase, trade and manage futures contract positions in certain benchmark indices (or operational equivalents thereof) for the Diversified Bond Fund, Large Cap Value Equity Fund, Large Cap Growth Equity Fund and Small Cap Equity Fund. The trading advisor utilized for the Cash Equitization Program, as well as the manner in which such advisor purchases, trades or manages futures contract positions, may change at any time without notice or approval by Plan participants.

Stable Value Fund Supplemental Information The Stable Value Fund is a separate account managed by Galliard Capital Management, Inc. (Galliard). It is not a mutual fund. Its units are not registered under the Securities Act of 1933, as amended or applicable securities laws of any state or other jurisdiction. The Stable Value Fund is not registered under the Investment Company Act of 1940, as amended, or other applicable law and unit holders are not entitled to the protections of the 1940 Act. The Fund is not insured by Galliard, any of their affiliates, the FDIC, or any other type of deposit insurance. The Stable Value Fund is managed with

?2023 Morningstar, Inc., Morningstar Investment ProfilesTM 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at .

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Disclosure

the objective of preserving principal. However, a credit default by a contract issuer, default on the underlying fixed income securities, or certain plan sponsor-directed events could result in a fluctuation in the unit value of the Fund and investors may lose money. Certain events could cause participant transactions to be valued at the separate account asset's market value ("market value") rather than participant's account book value ("book value"). Most investment contracts limit the book value coverage provided for participant withdrawals arising as a result of an employer-initiated event. This limitation could cause participant transactions to be executed at market value rather than book value. If this happens, participants could incur a loss on their investment.

Some examples of employer-initiated events (events caused by the employer) include, but are not limited to: the merger of the employer or the spin-off of all or a portion of the assets or significant restructuring or bankruptcy of the employer; the group layoff, exclusion of a group of employees from participation in the Plan, or implementation of an early retirement program; an amendment or modification to the Plan, including the partial termination of the Plan or Fund, or failure of the Plan to maintain favorable tax status; a material change to an asset allocation fund that utilizes the Fund; the distribution of a communication to participants that is intended or designed to induce participants to make withdrawals or transfers; the failure to include restrictions that limit the ability to make direct transfers between the Fund and a fund that is similar to the Fund, thereby cause it to "compete" with the Fund; the establishment by the employer of a plan that competes for contributions by participants.

If your employer experiences an applicable employer-initiated event, even though most investment contracts allow for an allowance called a "corridor" which will allow a certain amount of these withdrawals to be accorded full book value treatment, a Participant withdrawal may be at market value rather than book value. This may cause affected participants to lose some or all of their investment.

The investment manager(s) utilized by the Stable Value Fund, as well as the manner in which such investment manager(s) actually invest Stable Value Fund assets, may change at any time without notice or approval by Plan participants.

The Fund pays the investment manager an annualized fee according to the schedule below. The fee is based on the fair market value of the Fund's assets managed by the investment manager and is subject to change.

Stable Value Fund ? Separate Account Manager Website: Fee: 0.23%

Diversified Bond Fund Supplemental Information The Diversified Bond Fund currently has a target allocation among the following three Investment Managers: PIMCO Total Return (48.5%), Loomis Sayles Multi Sector Full Discretion (24.25%) and Wellington Core Bond (24.25%). The Fund also has a 3% target allocation to the Fidelity US Government Money Market Fund. These percentage allocations are target allocations and may vary. The investment manager(s) utilized by the Fund, as well as the manner in which such investment manager(s) actually invests

fund assets, may change at any time without notice or approval by Plan participants. The Fund is rebalanced among the investment managers according to the predetermined target allocations referenced above and policy ranges to ensure diversification of assets among various investment styles represented by the investment managers.

The expense ratio, which is an asset-weighted blend of investment management fees plus custody fees, will fluctuate based on asset values and market conditions; any fees quoted herein are subject to change. The Fund pays each investment manager an annualized fee according to the schedules below. The fees are based on the fair market value of the respective portion of the Fund's assets managed by each investment manager and are subject to change.

Diversified Bond Fund Fee: 0.26%

PIMCO Total Return ? Separate Account Manager Website: Fee: 0.25% on the first $600 Million 0.20% on the next $700 Million 0.15% thereafter

The Fee schedule indicated above for the PIMCO Total Return separate account is applied to the combined assets of certain PIMCO Total Return separate accounts within qualified plans maintained by the Plan Sponsor. Such combined fees are then allocated to each plan based on its proportional share of the combined assets. Should the market value of the combined assets of such accounts fall below $600 million for two consecutive calendar quarters, for reasons other than market movements, the following fee schedule shall apply to the account within the Plan:

0.50% on the first $25 Million 0.38% on the next $25 Million 0.25% thereafter

Loomis Sayles Multi Sector Full Discretion ? Collective Trust Manager Website: Fee: 0.57% on the first $15 Million 0.45% on the next $15 Million 0.30% thereafter

Wellington Core Bond ? Collective Trust Manager Website: Fee: 0.18%

Fidelity US Government Money Market ? Mutual Fund ? Ticker: FIGXX Manager Website: Fee: 0.18%

Total Bond Index Supplemental Information The Total Bond Index currently invests in the Vanguard Total Bond Market Index Fund. The investment manager utilized by the Fund, as well as the manner in which such investment manager actually invests Fund assets, may change at any time without notice or approval by Plan participants.

If shares of the Total Bond Index are sold or exchanged,

participants will not be permitted to buy or exchange back into the same fund within 30 calendar days.

The Fund pays the investment manager an annualized fee according to the schedule below. The fee is based on the fair market value of the Fund's assets managed by the investment manager and is subject to change.

Vanguard Total Bond Market Index Fund ? Mutual Fund ? Ticker: VBMPX Manager Website: Fee: 0.03%

Large Cap Value Equity Fund Supplemental Information The Large Cap Value Equity Fund currently has a target allocation among the following two Investment Managers: Westwood Large Cap Equity (58.2%) and Pzena Large Cap Focused Value (38.8%). The Fund also has a 3% target allocation to the Fidelity US Government Money Market Fund. These percentage allocations are target allocations and may vary. The investment manager(s) utilized by the Fund, as well as the manner in which such investment manager(s) actually invests fund assets, may change at any time without notice or approval by Plan participants. The Fund is rebalanced among the investment managers according to the predetermined target allocations referenced above and policy ranges to ensure diversification of assets among various investment styles represented by the investment managers.

The expense ratio, which is an asset-weighted blend of investment management fees plus custody fees, will fluctuate based on asset values and market conditions; any fees quoted herein are subject to change. The Fund pays each investment manager an annualized fee according to the schedules below. The fees are based on the fair market value of the respective portion of the Fund's assets managed by each investment manager and are subject to change.

Large Cap Value Equity Fund Fee: 0.44%

Westwood Large Cap Equity ? Separate Account Manager Website: Fee: 0.75% on the first $25 Million 0.55% on the next $25 Million 0.40% on the next $25 Million 0.30% thereafter

Pzena Large Cap Focused Value ? Separate Account Manager Website: Fee: 0.70% on the first $25 Million 0.50% on the next $75 Million 0.40% on the next $200 Million 0.35% thereafter

Fidelity US Government Money Market ? Mutual Fund ? Ticker: FIGXX Manager Website: Fee: 0.18%

Total US Equity Index Supplemental Information The Total US Index currently invests in the Vanguard Total Stock Market Index Trust. The investment manager utilized by

?2023 Morningstar, Inc., Morningstar Investment ProfilesTM 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at .

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Disclosure

the Fund, as well as the manner in which such investment manager actually invests Fund assets, may change at any time without notice or approval by Plan participants.

If shares of the Total US Equity Index are sold or exchanged, participants will not be permitted to buy or exchange back into the same fund within 30 calendar days.

The Fund pays the investment manager an annualized fee according to the schedule below. The fee is based on the fair market value of the Fund's assets managed by the investment manager and is subject to change.

Vanguard Institutional Total Stock Market Index ? Collective Trust Manager Website: Fee: 0.0145%

Large Cap Growth Equity Fund Supplemental Information The Large Cap Growth Equity Fund currently has a target allocation among the following two Investment Managers: Sands Capital Management Select Growth Equity (48.5%) and T. Rowe Price Large Cap Growth (48.5%). The Fund also has a 3% target allocation to the Fidelity US Government Money Market Fund. These percentage allocations are target allocations and may vary. The investment manager(s) utilized by the Fund, as well as the manner in which such investment manager(s) actually invests portfolio assets, may change at any time without notice or approval by Plan participants. The Fund is rebalanced among the investment managers according to the predetermined target allocations referenced above and policy ranges to ensure diversification of assets among various investment styles represented by the investment managers.

The expense ratio, which is an asset-weighted blend of investment management fees plus custody fees, will fluctuate based on asset values and market conditions; any fees quoted herein are subject to change. The Fund pays each investment manager an annualized fee according to the schedules below. The fees are based on the fair market value of the respective portion of the Fund's assets managed by each investment manager and are subject to change.

Large Cap Growth Equity Fund Fee: 0.42%

Sands Capital Management Select Growth Equity ? Separate Account Manager Website: Fee: 0.75% on the first $50 Million 0.50% thereafter

T. Rowe Price Large Cap Growth? Separate Account Manager Website: Fee: 0.325% on the first $500 Million 0.30% thereafter

The Fee schedule indicated above for the T. Rowe Price Large Cap Growth separate account is applied to the combined assets of certain T. Rowe Price separate accounts within qualified plans maintained by the Plan Sponsor. Such

combined fees are then allocated to each plan based on its proportional share of the combined assets.

Fidelity US Government Money Market ? Mutual Fund ? Ticker: FIGXX Manager Website: Fee: 0.18%

Small Cap Equity Fund Supplemental Information The Small Cap Equity Fund currently has a target allocation among the following four Investment Managers: Artisan Partners U.S. Small Cap Growth (29%), LSV Small Cap Value (29%), Snyder Capital Management Small Cap Value (29%) and PENN Capital Management Micro Cap Equity (10%). The Fund also has a 3% target allocation to the Fidelity US Government Money Market Fund. These percentage allocations are target allocations and may vary. The investment manager(s) utilized by the Fund, as well as the manner in which such investment manager(s) actually invests fund assets, may change at any time without notice or approval by Plan participants. The Fund is rebalanced among the investment managers according to the predetermined target allocations referenced above and policy ranges to ensure diversification of assets among various investment styles represented by the investment managers.

The expense ratio, which is an asset-weighted blend of investment management fees plus custody fees, will fluctuate based on asset values and market conditions; any fees quoted herein are subject to change. The Fund pays each investment manager an annualized fee according to the schedules below. The fees are based on the fair market value of the respective portion of the Fund's assets managed by each investment manager and are subject to change.

Small Cap Equity Fund Fee: 0.77%

Artisan Partners U.S. Small Cap Growth - Separate Account Manager Website: Fee: 0.90% on the first $100 Million 0.80% thereafter

LSV Small Cap Value Equity - Separate Account Manager Website: Fee:

0.75% on the first $25 Million 0.65% on the next $25 Million 0.55% thereafter

Snyder Capital Management Small Cap Value - Separate Account Manager Website: Fee: 1.00% on the first $30 Million 0.90% on the next $20 Million 0.75% on the next $50 Million 0.70% on the next $50 Million 0.65% thereafter

PENN Capital Management Micro Cap Equity - Separate Account Manager Website: Fee: 0.80%

Fidelity US Government Money Market ? Mutual Fund ? Ticker: FIGXX Manager Website: Fee: 0.18%

Global Equity Fund Supplemental Information The Global Equity Fund currently has a target allocation among the following two Investment Managers: Dodge & Cox Global Stock (60%) and T. Rowe Price Instl Global Growth Equity (40%). These percentage allocations are target allocations and may vary. The investment manager(s) utilized by the Fund, as well as the manner in which such investment manager(s) actually invests fund assets, may change at any time without notice or approval by Plan participants. The Fund is rebalanced among the investment managers according to the predetermined target allocations referenced above and policy ranges to ensure diversification of assets among various investment styles represented by the investment managers.

If shares of the Global Equity Fund are sold or exchanged, participants will not be permitted to buy or exchange back into the same fund within 30 calendar days.

The expense ratio, which is an asset-weighted blend of investment management fees plus custody fees, will fluctuate based on asset values and market conditions; any fees quoted herein are subject to change. The Fund pays each investment manager an annualized fee according to the schedules below. The fees are based on the fair market value of the respective portion of the Fund's assets managed by each investment manager and are subject to change.

Global Equity Fund Fee: 0.59%

Dodge & Cox Global Stock ? Mutual Fund ? Ticker: DODWX Manager Website: Fee: 0.63%

T. Rowe Price Instl Global Growth Equity ? Collective Trust Manager Website: Fee: 0.55%

International Equity Fund Supplemental Information The International Equity Fund currently has a target allocation among the following four Investment Managers: MFS Instl International Equity (36.5%), Dodge & Cox International Stock (36.5%), Dimensional Fund Advisors International Small Company (12%) and Schroder Investment Management Emerging Markets (15%). These percentage allocations are target allocations and may vary. The investment manager(s) utilized by the Fund, as well as the manner in which such investment manager(s) actually invests fund assets, may change at any time without notice or approval by Plan participants. The Fund is rebalanced among the investment managers according to the predetermined target allocations referenced above and policy ranges to ensure diversification of assets among various investment styles represented by the investment managers.

The expense ratio, which is an asset-weighted blend of investment management fees plus custody fees, will fluctuate based on asset values and market conditions; any fees quoted herein are subject to change. The Fund pays

?2023 Morningstar, Inc., Morningstar Investment ProfilesTM 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at .

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Disclosure

each investment manager an annualized fee according to the schedules below. The fees are based on the fair market value of the respective portion of the Fund's assets managed by each investment manager and are subject to change.

International Equity Fund Fee: 0.70%

MFS Instl International Equity ? Mutual Fund ? Ticker: MIEIX Manager Website: Fee: 0.70%

Dodge & Cox International Stock ? Mutual Fund ? Ticker: DODFX Manager Website: Fee: 0.63%

DFA International Small Company Fund ? Mutual Fund ? Ticker: DFISX Manager Website: Fee: 0.52%

Schroder Investment Management Emerging Markets ? Collective Trust Manager Website: Fee: 1.00% on the first $50 Million 0.85% on the next $50 Million 0.75% on the next $100 Million 0.60% on the next $50 Million 0.50% thereafter

International Equity Index Supplemental Information The International Equity Index currently invests in the Vanguard Total International Stock Index Fund. The investment manager utilized by the Fund, as well as the manner in which such investment manager actually invests Fund assets, may change at any time without notice or approval by Plan participants.

If shares of the International Equity Index are sold or exchanged, participants will not be permitted to buy or exchange back into the same fund within 30 calendar days.

The Fund pays the investment manager an annualized fee according to the schedule below. The fee is based on the fair market value of the Fund's assets managed by the investment manager and is subject to change.

Vanguard Total International Stock Index Fund ? Mutual Fund ? Ticker: VTPSX Manager Website: Fee: 0.07%

Real Asset Fund Supplemental Information The Real Asset Fund currently invests in the PIMCO Diversified Real Asset Trust. The investment manager utilized by the Fund, as well as the manner in which such investment manager actually invests Fund assets, may change at any time without notice or approval by Plan participants.

The Fund pays the investment manager an annualized fee according to the schedule below. The fee is based on the fair market value of the Fund's assets managed by the investment manager and is subject to change.

PIMCO Diversified Real Asset Trust ? Collective Trust Manager Website: Fee: 0.41%

PRAP Target Date Funds Supplemental Information (Target Date Retirement Fund, Target Date 2010 Fund, Target Date 2015 Fund, Target Date 2020 Fund, Target Date 2025 Fund, Target Date 2030 Fund, Target Date 2035 Fund, Target Date 2040 Fund, Target Date 2045 Fund, Target Date 2050 Fund, Target Date 2055 Fund)

The target allocation percentages referenced in the Investment & Objective Strategy section on each of the Target Date Fund profiles are target allocations and may vary. The investment manager(s) utilized by the Target Date Funds, as well as the manner in which such investment manager(s) actually invests fund assets, may change at any time without notice or approval by Plan participants.

The performance of each of the Target Date Funds depends on the allocation of its assets among and the performance of the underlying investment managers. The value of the Funds will vary on a daily basis based on its performance and can be worth more or less than the day of purchase. The Funds are exposed to specific risks as they relate to potential volatility in the domestic and international stock markets, as well as interest rate and credit risks in the bond market. Since the Target Date Funds invest in various asset classes, the combined risk is likely to be somewhat lower than those of a fund invested in only equities and higher than a fund invested only in bonds. The Target Date Funds are each individually designed for an investor who plans to withdraw the value in the Target Date Fund over a period of many years after the fund's specified target year. Generally, each individual fund's asset allocation will become more conservative over time, meaning that the percentage of assets allocated to stocks will decrease while the percentage of assets allocated to bonds and other fixed income investments will increase. Participants should consider that no target date fund is intended as a complete retirement program as it does not take into account any other investments either inside or outside the plan held by the participant and there is no guarantee that any single fund will provide sufficient retirement income at or through your retirement.

Rebalancing The PRAP Target Date Funds are monitored and may be rebalanced on a monthly basis if certain criteria are met. On a quarterly basis the asset allocation of the Target Date Funds will progress along the glidepath towards more conservative investments.

Allocation of Stocks and Bonds Exhibit The Allocation of Stocks and Bonds exhibit illustrates the target percentage allocated to stocks, bonds and other asset classes based upon years to retirement. The Bond allocation represents assets invested in the Loomis Sayles Multi Sector Full Discretion Strategy and the Diversified Bond Fund. The Stocks allocation represents assets invested in the Total US Equity Index Fund, the International Equity Fund, and the Global Equity Fund. The Real Estate allocation represents assets invested in the PIMCO Real Estate Plus Collective Trust. The Commodities allocation represents assets invested

in the PIMCO Commodities Plus Collective Trust. The TIPS allocation represents assets invested in the PIMCO Real Return Collective Trust II. The Stable Value allocation represents assets invested in the Stable Value Fund. The "Years Until Retirement" label on the horizontal axis is defined as the number of years until age 65.

Expense Ratio The expense ratio, which is an asset-weighted blend of investment management fees, will fluctuate based on asset values and market conditions; any fees quoted herein are subject to change. The Expense Ratio also includes the advisory fee paid to AllianceBernstein L.P. for asset allocation development and oversight (See Target Date Funds Manager Section). The Target Date Funds are composed of the Plan's investment options and other investments. The investment management fees of the underlying investments are shown below. The fees are based on the fair market value of the respective portion of each of the Target Date Fund's assets managed by each investment manager and are subject to change. For target allocations, see the Investment Objective & Strategy section of the appropriate Target Date Fund. The table below shows the fees for each Target Date Fund followed by the underlying component funds.

Target Date Retirement Fund: 0.31% Target Date 2010 Fund: 0.33% Target Date 2015 Fund: 0.34% Target Date 2020 Fund: 0.36% Target Date 2025 Fund: 0.36% Target Date 2030 Fund: 0.36% Target Date 2035 Fund: 0.36% Target Date 2040 Fund: 0.35% Target Date 2045 Fund: 0.35% Target Date 2050 Fund: 0.35% Target Date 2055 Fund: 0.35%

Stable Value Fund Fee: 0.23%

Diversified Bond Fund Fee: 0.26%

Loomis Sayles Multi-Sector Fixed Income Fee: 0.57% on the first $15 Million 0.45% on the next $15 Million 0.30% thereafter

Total U.S. Equity Index Fee: 0.0145%

Global Equity Fund Fee: 0.59%

International Equity Fund Fee: 0.70%

PIMCO Real Return II Fee: 0.30%

PIMCO CommoditiesPLUS Fee: 0.48%

PIMCO Real EstatePLUS

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